Bitcoin ETFs Surge $233M on Strong Inflow Week
Bitcoin ETFs bounced back into positive territory this week after posting $233.1 million in inflows on Thursday, according to data from SoSoValue.
The influx of funds is the strongest daily inflow for Bitcoin exchange-traded funds (ETFs) in over three weeks, with BlackRock's iShares Bitcoin Trust leading the gains at $183.4 million, accounting for 78.7% of the day's total.
Bitwise's BITB and Fidelity's FBTC followed closely behind with $20.7 million and $15.5 million in inflows, respectively.